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(New Straits Times Press) Yinson Holdings Bhd, through its wholly-owned Singapore-based subsidiary Yinson Production Offshore Pte Ltd (YPO), together with its project partner Sumitomo Corporation (SC), signed a US$670 million syndicated loan facility for the FPSO Anna Nery project, with ING, Natixis and Standard Chartered Bank as underwriting banks. The agreement was also signed by... Continue Reading →
Petróleo Brasileiro S.A. – Petrobras, following up on the release disclosed on 06/11/2021, informs that the National Agency of Petroleum, Natural Gas, and Biofuels (ANP) today approved the Búzios Coparticipation Agreement, which will regulate the coexistence of the Transfer of Rights Agreement and the Production Sharing Contract of the Transfer of Rights Surplus for the... Continue Reading →
(PetroNoticias) CBO Group, a Brazilan maritime support company, today signed an Investment Agreement for the acquisition of the Brazilian company Finarge Apoio Marítimo, owner of a Brazilian-flagged AHTS (Anchor Handling Tug Supply) vessel; and four foreign-flagged AHTS vessels belonging to Finarge Armamento Genovese SRL, totaling the purchase of five vessels. The closing of the transaction,... Continue Reading →
Maritime and offshore classification society ABS said Thursday it had brought together leading companies in the Floating Production Storage and Offloading (FPSO) sector to address the safety challenges produced by a fleet where more than half of the FPSO vessels are over 30-years-old and a quarter are over 40-years-old. The working group, consisting of Chevron,... Continue Reading →
(OE) The hull of the FPSO Prosperity, which will be Guyana's third offshore oil production unit once delivered, has arrived at the Keppel yard in Singapore, where it will be fitted with topside modules. SBM Offshore, which will deliver the FPSO to end client ExxonMobil, said that despite the various challenges posed by the ongoing global pandemic,... Continue Reading →
(PetroleoHoje) In the coming days, TotalEnergies EP will start a new campaign in Brazil. The works will be carried out in the Lapa field, in the Santos cluster, and in the C-M-541 block, located in ultra-deep waters in the Campos Basin, contemplating well abandonment and exploratory drilling activities. The two campaigns will be carried out... Continue Reading →
(PetroNoticias) Tenaris won a new and important contract with Petrobras. The company was chosen to supply a package of tubular products, technologies and services for the third production system in the Mero field, also called Mero 3, in the Santos Basin pre-salt. Tenaris will also provide services through its Rig Direct platform, supporting Petrobras from... Continue Reading →
(PetroNoticias) Petrobras pretends to close the 2021 with the same volume of oil exported as last year. However, to achieve the goal, the company had to diversify its customer base. The main buyer, China, reduced its volume of oil purchases from the state-owned company by 33%. Therefore, Petrobras has diversified its exports to refiners located... Continue Reading →
The director of exploration and production at Petrobras, Fernando Borges, said that Petrobras is close to launching the process of contracting the HISEP module for the Júpiter field, in the Santos Basin . As a reminder, HISEP is a new technology developed and patented by the state-owned company for the separation and reinjection of CO2... Continue Reading →
(PetroNoticias) The Campos Basin will be the main focus of this year and the next within Petrobras' exploratory program. In all, the company plans to drill 20 new wells between 2021 and 2022 in Brazil, 11 of which will be inside Campos, in the so-called “pre-salt fringe”. The move could result in a boost in... Continue Reading →
Brazil Energy Insight 